Page:United States Statutes at Large Volume 106 Part 5.djvu/290

106 STAT. 3928
PUBLIC LAW 102-550—OCT. 28, 1992
the provisions of a new town plan developed and established by
a governing board under section 1107 and approved under subsection (d) of this section. In developing such plans, the governing
board shall consult with representatives of the units of general
local government within whose boundaries are located any portion
of the new town demonstration area for the demonstration program
to be carried out under such plan.
(b) ELIGIBLE NEW TOWN DEMONSTRATION AREAS. —A new town
plan under this section shall provide for carrying out a new town
development demonstration providing assistance available under
this title within a new town demonstration area, which shall be
a geographic area defined in the new town plan—
(1) that is one of pervasive poverty, unemployment, and
general distress;
(2) that has an imemployment rate of not less than 1.5
times the national unemployment rate for the 2 years preceding
approval of the new town plan;
(3) that has a poverty rate of not less than 20 percent
during such 2-year period;
(4) for wluch not less than 70 percent of the households
living in the area have incomes below 80 percent of the median
income of households of the unit of general local government
in which they are located;
(5) that has a shortage of adequate jobs for residents;
and
(6) that is located—
(A) in or near the City or County of Los Angeles,
in the State of California; and
(B) within an area for which the President, pursuant
to title IV or V of the Robert T. Stafford Disaster Relief
and Emergency Assistance Act, declared that a miyor disaster or emergency existed for purposes of such Act, as a
result of the civil disturbances involving acts of violence
occurring on or after April 29, 1992, and before May 6,
1992.
(c) CONTENTS.— Each new town plan shall include the following
information:
(1) GOVERNING BOARD. —^A description of the members and
purposes of the governing board that developed the plan, the
manner in which members of the governing boiard were selected,
and the businesses, agencies, interests, and community ties
of each member of the governing board.
(2) NEW TOWN DEMONSTRATION AREA.— A definition and
description of the new town demonstration area for the new
town development demonstration to be assisted under this title.
(3) TARGET COMMUNITY. — A description of the economic,
social, racial, and ethnic characteristics of the population of
the neighborhood or area in which the new town demonstration
area is located.
(4) AGREEMENTS.— A greements that the governing board
will cany out the new town demonstration program in accordance with the requirements of this title.
(5) HOUSING UNITS.— A description of the number, size,
location, cost, style, and characteristics of rental and
homeownership housing units to be developed under the new
town demonstration program, anyfinancingfor developing such